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L for the firm the major goal of profit sharing plans is to

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For the firm, the major goal of profit sharing plans is to: <br/>For the firm, the major goal of profit sharing plans is to: force workers to incur some of the business risk. overcome the monopsony problem of having to pay higher wages to attract additional workers. overcome the principal-agent problem by better aligning the workers'' interests with those of the firm. reduce total compensation payments.

Reference no: EM13604333

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